Settlement Vs Jury Verdict in a Florida Personal Injury ClaimTampa Bay Legal News
If you have been injured during a Tampa car accident that was the fault of another driver, and are considering filing a personal injury claim, you likely have a long list of questions that you would like answered so you can make an informed decision.
One of the most common questions that accident victims have is which type of procedure has the best chance of getting them the most compensation, a settlement, or a jury verdict?
The correct answer, of course, as with most legal queries, is “It depends.” Keep reading to learn some valuable information regarding how each of these options operates and which of the two is likely to produce the best outcome to your civil suit.
What is a Settlement?
In legal terms, a settlement is the aim of an agreement between all involved parties. The purpose of the agreement is to come to a legally binding resolution so that neither party has to appear in court.
This procedure is usually overseen by the attorneys representing the parties involved. These attorneys will have a comprehensive understanding of state law, know how to correctly estimate a claim’s worth, and will also be experienced negotiators.
What Does Out-of-Court Settlement Mean?
In the fortuitous event that your personal injury attorney barters full and fair financial compensation on your behalf without the bother of going to trial, then both the claimant and the respondent will be able to resolve their case much more quickly and at a considerably lower cost.
Even though an out-of-court settlement is not always attainable, if the opposing counsel thinks your case is strong enough, they will be much more inclined to settle out of court so they can avoid additional costs.
Under What Circumstances Would I Want a Jury Verdict?
Should it turn out that an accord simply cannot be reached by the two sides, which sometimes happens even with the aid of a proficient personal injury attorney, then your next option would be to have your attorney present your case in court.
Although jury verdicts commonly yield more financial compensation for the victim, a trial is an arduous and time-consuming task for everyone involved. As far as the court is concerned, there are several different phases of a civil trial that both sides must go through, all of which will demand a great deal of extra time and a great deal of extra money.
Proving that your injuries qualify as catastrophic can be difficult. You should never underestimate the legal representation of a qualified Tampa personal injury attorney with a proven track record of obtaining fair financial compensation for their injured clients.
The Florida personal injury attorneys at Fulgencio Law have assisted numerous injury victims when it comes to recovering fair compensation for their accident-related damages. We don’t ask for any up-front legal fees when we agree to represent you.
We encourage you to reach out to our office and schedule a free consultation by calling (813) 463-0123. Our attorneys will examine the details of your accident, evaluate whether or not your injuries qualify as catastrophic, and answer any and all questions you might have about the legal process of filing a Tampa personal injury claim.